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The back-to-back NBA MVP signed the largest deal in league history and earned a supermax contract extension.
What Happened: Giannis Antetokounmpo signed a five-year, $228 million supermax contract extension with the Milwaukee Bucks, the team that drafted him 15th overall in 2013. The deal, reported by ESPN, includes an opt-out option after the fourth year.
“This is my home, this is my city. Let’s make these years count. The show goes on, let’s get it,” Antetokounmpo tweeted.
Why It’s Important: If Antetokounmpo would have passed on the offer from the Bucks, he would have become an unrestricted free agent next summer. This would have made him the most coveted free agent since Kevin Durant in 2016.